DUBLIN, Oct. 29, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/2v8p8s/elevator_and) has announced the addition of the "Elevator and Escalator Market in South Korea 2015-2019 - Industry Research Report" report to their offering.
This report includes the present scenario and growth prospects of the elevator and escalator market in South Korea for the period 2015-2019. To calculate the market size, the report considers the number of the newly installed elevator and escalator units in the country.
The report presents the vendor landscape and a corresponding detailed analysis of the four key vendors in the market and a brief description on the other prominent vendors. In addition, the report discusses the major drivers that influence the growth of the elevator and escalator market in South Korea, outlines the challenges faced by the vendors and the market at large, and highlights the key trends visible in the market.
Manufacturers in South Korea have gradually started to manufacture MRL elevators. MRL elevators are found to be more economical and efficient in various aspects and a key advantage offered by these elevators is that it eliminates the need for additional space for the lift operator.
According to the report, the majority of high-rise buildings being constructed in South Korea are being developed for the purpose of residential occupancy and it is expected to drive the market considerably during the forecast period.
Further, the report states that currently the market is witnessing intense competition among the leading market vendors and a rise in demand for technologically advanced elevator and escalator equipment in the country.
Other prominent vendors
- Handok Elevator
- Joung-il Industry
- Mitsubishi Elevator Korea
- Nara Elevators
- Sin Woo Elevator
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Elevator and escalator market in South Korea
Part 07: Market drivers
Part 08: Impact of drivers
Part 09: Market challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
Part 13: Appendix
For more information visit http://www.researchandmarkets.com/research/2v8p8s/elevator_and
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SOURCE Research and Markets